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Police Credit Union Car Loan

  • Car loans starting from $5,000
  • Low-interest starting from 5.79%
  • Repayment up to 7 years

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Police Credit Union homepage
Author Police Credit Union. Screenshot of Police Credit Union website.
[Accessed July 5, 2023]

About Police Credit Union

With a proud police heritage and a commitment to delivering exceptional customer service, Police Credit Union has established itself as an award-winning credit union that caters to the financial needs of its customers.

Since its inception in 1970, Police Credit Union has grown from serving South Australian police officers to offering its comprehensive and competitive banking products to over 40,000 satisfied customers.

Although Police Credit Union now extends its services to everyone, it continues to honour its police heritage through the Platinum package, which is available to police officers, healthcare professionals, emergency services workers, and firefighters. This dedication to serving those who serve the community sets Police Credit Union apart from other financial institutions.

Comprehensive banking solutions for all

With seven branches strategically located across South Australia and the Northern Territory, as well as a team of knowledgeable relationship managers, the credit union ensures accessibility and convenience for its members.

The credit union offers a wide range of banking products, including home loans, car loans, personal loans, and credit cards, all of which have received recognition and awards for their market-leading rates.

Additionally, Police Credit Union provides everyday accounts, savings and investment accounts, and general insurance products to meet the diverse financial needs of its members.

Putting members first: The credit union advantage

What sets Police Credit Union apart is its status as a member-owned financial institution. Unlike traditional banks, Police Credit Union operates with a customer-centric approach, where every customer is also a member and has an equal share in the business.

The credit union reinvests all its profits into improving its services, rates, and products, ensuring that its members receive the best possible benefits. This member-focused model also allows every member to have a voice in shaping the organisation's direction through the Annual General Meeting, providing a level of engagement and involvement that is rare in the banking industry.

As a credit union, they’re not influenced by external shareholders or pressured to maximise profits. This independence allows the credit union to prioritise the needs of its members and deliver unparalleled customer service. The emphasis on customer satisfaction and community support is exemplified by the credit union's commitment to reinvesting in developing better products and services and supporting a range of important community initiatives.

Experience the Police Credit Union difference

When clients walk into a Police Credit Union branch, they experience a personal touch that sets it apart from larger banks. Staff members greet customers by their first names, creating a welcoming and friendly atmosphere. This personalised service and attention to detail are highly valued by customers who appreciate the ease and convenience of banking with Police Credit Union.

Embracing technology for modern banking

In today's digital age, Police Credit Union understands the importance of convenience and accessibility. The credit union empowers you with cutting-edge banking facilities and digital options that enable you to manage your finances seamlessly. Through the user-friendly Banking App, Online Banking platform, Fast Payments, and Digital Wallet options like Apple Pay, Google Pay, and Samsung Pay, you have 24/7 access to your funds, ensuring secure and efficient transactions at your fingertips.

Whether you're a police officer, healthcare professional, emergency services worker, or anyone seeking exceptional banking services, Police Credit Union is the ideal choice to meet your financial needs.

Police Credit Union Services

They offer a range of loan options with attractive features, to help you purchase your next car, boat, caravan, or trailer.

Four Police Credit Union car loan options to suit you

Option #1: Low-rate car loan – 5.79% p.a.variable rate

With this car loan option, you can enjoy a competitive interest rate and a repayment term of up to 7 years. This makes it an ideal choice for borrowing amounts over $20,000.

The low-rate car loan provides the flexibility to make additional repayments at any time without incurring penalties, allowing you to pay off your loan sooner and save on interest. Plus, there are no monthly or annual fees, giving you more financial freedom.

Option #2: Better fixed car loan min $20K – 5.94% p.a.fixed rate

If you're looking for stability and predictability in your loan repayments, the Better fixed car loan is a fantastic option and lets you borrow a minimum of $20,000. This loan offers a fixed interest rate for the entire loan term of up to 5 years, ensuring that your repayments remain consistent.

Like the low-rate car loan, you have the freedom to make extra repayments without any penalties. Furthermore, you won't encounter any monthly or annual fees.

Option #3: Better variable car loan – 7.24% p.a.variable rate

For those seeking flexibility, the better variable car loan provides a variable interest rate. This allows you to take advantage of potential interest rate decreases in the future. The loan term can extend up to 7 years, making it an excellent choice if you prefer lower monthly repayments. Similar to the other car loan options, there are no monthly or annual fees, and you can make extra repayments at any time without penalties. This option has a borrowing range between $5,000 and $20,000.

Option #4: Better fixed car loan – 6.94% p.a.fixed rate 7.21% p.a.comparison rate

Stable interest rate: Enjoy a fixed rate throughout the loan term of up to 5 years, providing peace of mind for effective budget planning. This option allows you to keep your finances on track with no monthly or annual fees, allowing you to focus on achieving your car ownership goals.

You can take charge of your financial journey by making additional repayments at your convenience, free from penalties or extra charges.

It also allows you to access your surplus repayments effortlessly with the loan's complimentary online redraw feature, providing enhanced financial flexibility. Borrow between $5,000 and $20,000 with this option.

Making an impact with your Police Credit Union car loan

By choosing Police Credit Union's car loans, you not only gain access to competitive rates and flexible terms but also contribute to a greener future. You can opt-in to offset your car's carbon emissions for the entire loan term at no extra cost.

Through their partnership with Canopy Based Nature Solutions, environmental credits are purchased to support projects that restore Australian ecosystems and combat climate change.

Effortless car loan management

Managing your Police Credit Union car loan is a breeze with their convenient online platform. Enjoy the benefits of free online redraw, request a callback during business hours, and explore their branch network for in-person assistance.

To learn more about the car loan options available or to speak with their friendly staff, you can reach out to Police Credit Union by phone or via email.

Police Credit Union – Car loan

  • Loan Type Car loans
  • Interest Rate from 5.79%
  • Loan Amount from $5,000
  • Repayment 7 years

Benefits of Police Credit Union

  • Competitive interest rates
  • Repayment plans to suit any budget
  • Fast online approval rate

Car loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This car loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Applying for a car loan from the Police Credit Union made simple

Applying for a Police Credit Union car loan is a seamless process designed to make securing your dream vehicle a hassle-free experience. To ensure a smooth application process, it is important to understand the eligibility criteria and the necessary steps to take.

To be eligible for a car loan, you must be Australian Permanent Residents and at least 18 years old. Additional eligibility criteria may apply, and for further information, it is recommended to contact the friendly staff at Police Credit Union.

Here are ways you can get started with your Police Credit Union car loan:

  • If you wish to discuss your car loan needs but are unable to do so immediately, you can request a callback by leaving your contact details. The dedicated team will strive to reach out on the next business day, ensuring prompt assistance during business hours.
  • Alternatively, you can choose to contact Police Credit Union directly. By calling you can speak with a knowledgeable representative who can provide detailed information and guide you through the application process.
  • Additionally, inquiries can be made via email.
  • If you prefer face-to-face interaction, visiting a local branch is an excellent option. The welcoming staff will be delighted to assist with any car loan inquiries and provide personalised guidance.
  • You can also navigate their website and download the credit application form.

Submitting your Police Credit Union application

Once the form is completed, you can choose from several submission methods. You can take it to your nearest branch, scan and email it, fax it, or send it by post to the designated address.

It is worth noting that Police Credit Union strives to make the application process as user-friendly as possible. If you encounter any issues or have questions regarding your Consumer Data Right (CDR) data, you’re encouraged to contact Police Credit Union. You can also utilise the Secure Message feature through the Online Banking or Banking App to communicate securely with the team. Requests to correct customer CDR data will not incur any fees.

Responsive and client-oriented

For any concerns or complaints, Police Credit Union provides a clear and comprehensive complaints process to ensure customer satisfaction. Detailed information on how to address complaints or issues can be found on their website.

Applying for a Police Credit Union car loan with them is an efficient and customer-focused process. With various communication channels available, you can easily reach out to their friendly staff for guidance and support. By following the outlined steps and meeting the eligibility criteria, you can take a step closer to driving your desired vehicle.

Customer Reviews & Testimonials

March 2023

I recently obtained a car loan from Police Credit Union, and I am extremely satisfied with their service. The application process was smooth and straightforward. The loan officers were knowledgea...

Lucy S
— Sydney —

November 2022

Police Credit Union provided clear information about the loan terms, interest rates, and fees, making it easy to understand and compare. The repayment options were flexible, allowing me to choose...

Frankie D
— Melbourne —

October 2022

I highly recommend Police Credit Union for their reliability, transparency, and commitment to customer satisfaction.

Chloé H
— Brisbane —

Police Credit Union Contact

Physical Address

Postal Address

  • PO Box 6074 Halifax Street PO, Adelaide, 5000, Australia

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:30 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed